Company Intelligence

Hugging Face

Hugging Face is the central collaboration platform and open-source repository for machine learning, hosting over 1 million models, 200,000 datasets, and the industry-standard Transformers Python library.

Overview

What this company is, what it builds, and who it serves.

Hugging Face is the world's preeminent open-source artificial intelligence collaboration platform, with principal headquarters in New York City and Paris. Founded in 2016 by Clement Delangue, Julien Chaumond, and Thomas Wolf, Hugging Face serves as the communal infrastructure for the global open-weights machine learning ecosystem.

Who it serves

Open-source machine learning researchers, academic institutions, independent developers, and enterprise engineering teams building with open-weights models.

What it builds

Hugging Face Hub, Transformers library, Diffusers, Datasets, Accelerate, Inference Endpoints, Spaces (Gradio and Streamlit app hosting), and Enterprise Hub.

Why It Matters

Hugging Face is the central collaboration platform and open-source repository for machine learning, hosting over 1 million models, 200,000 datasets, and the industry-standard Transformers Python library.

Funding

Verified funding disclosures on file for this company.

  • 2023: Raises a $235 million Series D round led by Salesforce at a $4.5 billion valuation, with participation from Google, Amazon, and Nvidia.
  • Late 2025: Turns down a reported $500 million investment offer from Nvidia at a $7 billion valuation, citing a preference to avoid a single dominant investor.
  • Early 2026: Confirms it has not raised new funding in nearly three years and continues to fund growth primarily through revenue from enterprise and managed-inference products.

Products

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Founders

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Ecosystem

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Company

Hugging Face

Capabilities

  • Open-source model repository and version-controlled hosting
  • Python ecosystem standards for tokenization, fine-tuning, and inference
  • Serverless and dedicated cloud inference hardware orchestration
  • Collaborative model evaluation, benchmarking, and leaderboards

Features

  • Transformers library with support for PyTorch, TensorFlow, and JAX
  • Hugging Face Spaces for instant Streamlit and Gradio application deployment
  • Enterprise Hub with private repositories and audit logs
  • Inference Endpoints supporting dedicated Nvidia H100 and AWS GPUs

Integrations

  • 2023: Raises a $235 million Series D round led by Salesforce at a $4.5 billion valuation, with participation from Google, Amazon, and Nvidia.
  • The company's most recent funding round, a $235 million Series D in 2023 led by Salesforce with participation from Google, Amazon, and Nvidia, valued Hugging Face at $4.5 billion.
  • Key developments
  • Hugging Face's most recent funding round, a $235 million Series D at a $4.5 billion valuation, closed in 2023 with Salesforce as lead investor.
  • Its open-source hosting model also complements governed enterprise AI platforms like Dataiku, which integrates with model providers including Hugging Face's ecosystem rather than hosting models directly.

Country

United States

Official Resources

Official and developer links on file for this company.

Its Transformers library provides a standardized set of APIs for testing and training a wide range of models, which helped establish Hugging Face as common infrastructure across the open-source AI community.

Latest Developments

Verified developments and timeline notes on file.

  • CEO Clément Delangue states the company has no near-term plan to pursue an IPO, prioritizing a long-term, capital-efficient approach instead. Latest
  • Company founded 2016 · founded Source
  • Funding 2023 · funding Source
  • Development 2025 · development Source
  • Partnership 2026 · partnership Source
  • Leadership leadership Source

Frequently Asked Questions

What is Hugging Face?

Hugging Face is the open-source platform for artificial intelligence, often called the 'GitHub of machine learning', hosting millions of models, datasets, and interactive demos for the global developer community.

Who founded Hugging Face?

Hugging Face was founded in 2016 by Clement Delangue (CEO), Julien Chaumond (CTO), and Thomas Wolf (Chief Science Officer).

What is the Hugging Face Transformers library?

Transformers is an open-source Python library providing standardized APIs to download, fine-tune, and run state-of-the-art pretrained models across natural language, computer vision, audio, and multimodal domains.

Sources & Verification

How this profile is verified and where the information comes from.

Verified
Last reviewed Aug 2026

Primary sources

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